Fintel (LON:FNTL) Shares Up 10% – What’s Next?

Shares of Fintel Plc (LON:FNTL) were up 10% during mid-day trading on Friday . The company traded as high as GBX 264 ($3.51) and last traded at GBX 264 ($3.51). Approximately 140,118 shares were traded during trading, a decline of 27% from the average daily volume of 191,266 shares. The stock had previously closed at GBX 240 ($3.19).

Fintel Stock Performance

The company has a 50 day moving average price of GBX 243.44 and a 200 day moving average price of GBX 264.61. The company has a market capitalization of £277.16 million, a price-to-earnings ratio of 47.34 and a beta of 1.17. The company has a debt-to-equity ratio of 17.73, a quick ratio of 0.85 and a current ratio of 0.75.

Fintel (LON:FNTL) last posted its earnings results on Tuesday, March 18th. The company reported GBX 13.20 ($0.18) EPS for the quarter. Fintel had a return on equity of 5.86% and a net margin of 8.56%. Equities research analysts predict that Fintel Plc will post 13.91258 earnings per share for the current fiscal year.

Fintel Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, May 22nd will be given a GBX 2.45 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This is a positive change from Fintel’s previous dividend of $1.20. This represents a yield of 0.99%. Fintel’s payout ratio is 71.73%.

Insider Buying and Selling at Fintel

In other Fintel news, insider Kenneth Ernest Davy purchased 100,000 shares of the business’s stock in a transaction on Wednesday, April 2nd. The stock was acquired at an average cost of GBX 227 ($3.02) per share, for a total transaction of £227,000 ($301,982.17). Also, insider Neil Martin Stevens acquired 150 shares of the firm’s stock in a transaction dated Tuesday, April 8th. The stock was bought at an average price of GBX 228 ($3.03) per share, for a total transaction of £342 ($454.97). Insiders have bought 133,214 shares of company stock worth $30,712,288 over the last 90 days. Corporate insiders own 41.30% of the company’s stock.

Fintel Company Profile

Fintel is a UK fintech and support services business, combining the award-winning intermediary business support services, and the leading research, ratings and fintech businesses.

Fintel provides technology, compliance and regulatory support to thousands of intermediary businesses, data and targeted distribution services to hundreds of product providers and empowers millions of consumers to make better informed financial decisions.